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Is audit necessary

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(Querist)
09 August 2020 Is audit necessary for f&o loss of about 8 lac with turnover of 18 lac. Intention is not to carry over the loss,but at the same time I want to be compliant with rules.
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Asha Kanta Sharma

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Asha Kanta Sharma (Expert)
31 August 2020 Audit is not mandatory in your case.
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Ramkumar

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Ramkumar (Querist)
25 September 2020 then what way it can be filed, You
mean presumptive basis?




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